In a report released today, Robert Moskow from TD Cowen maintained a Hold rating on General Mills (GIS – Research Report), with a price target of $50.00. The company’s shares closed last Wednesday at $52.96.
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Moskow covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, Conagra Brands, and PepsiCo. According to TipRanks, Moskow has an average return of 2.1% and a 46.34% success rate on recommended stocks.
Currently, the analyst consensus on General Mills is a Hold with an average price target of $57.18, a 7.97% upside from current levels. In a report released on June 16, Wells Fargo also maintained a Hold rating on the stock with a $55.00 price target.
The company has a one-year high of $75.90 and a one-year low of $52.39. Currently, General Mills has an average volume of 5.51M.
Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GIS in relation to earlier this year. Last month, Pankaj MN Sharma, the Segment President of GIS sold 3,643.00 shares for a total of $197,159.16.
Read More on GIS:
- General Mills price target lowered to $63 from $68 at BofA
- General Mills to remove certified colors from U.S. cereals, foods by summer 2026
- General Mills price target lowered to $55 from $61 at Wells Fargo
- Sombre Fundamentals Suggest General Mills Stock (GIS) is Stuck in a Value Trap
- U.S., China reach trade pact, GM to invest $4B in U.S. plants: Morning Buzz
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